The report was prepared in accordance with the Global Reporting Initiative G4 'core' level, and a copy can be downloaded from www.carnivalcorp.com.
To meet its corporate CO2 sustainability goal, Carnival and its nine global brands developed energy reduction and conservation initiatives. Many exceed current laws and regulations.
As a part of its air emission reduction initiatives announced in September 2013, Carnival developed exhaust gas cleaning technology called ECO-EGC that removes pollutants from ship emissions. In a $400m project, Carnival is currently installing the systems, with plans for installations on more than 70% of its fleet.
Bill Burke, chief maritime officer for Carnival Corporation, said the report details progress towards 'both our goal to reduce emissions, and our ongoing commitment to being a responsible corporate citizen. For us, sustainability is a core part of how we conduct business. We continue to make major progress and are committed to maintaining our leadership in sustainability and setting industry standards for corporate citizenship.'
In October, Carnival released the results of its multi-year fleet fuel conservation program that by the end of 2014 will have saved more than one billion gallons of fuel and reduced fleet carbon emissions by 12bn kilograms over a seven-year period. By that time, the program will also have improved the fleet’s overall fuel efficiency by 24% compared to 2007, while saving approximately $2.5bn in fuel costs, the company’s single biggest expense.